Weekly market update – week ending 16 September, 2016

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Investment markets and key developments over the past week While the US share market recovered some of its loss from the previous week as fears of an imminent Fed rate... Read more continue reading

2016 AFA election results

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The Association of Financial Advisers (AFA) 2016 election results have been released by the Returning Officer. A voting member participation rate of 30% was recorded. The AFA has expressed thanks... Read more continue reading

AMP Capital grows US Infrastructure Debt team

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AMP Capital has appointed Adam Heath as Vice President in its Infrastructure Debt team, based in New York. Mr Heath joined AMP Capital on 6 September 2016 and is primarily... Read more continue reading

AFA welcomes super refinements

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The Association of Financial Advisers (AFA) has welcomed the revised superannuation package released last week by the Government. AFA CEO Brad Fox said that in relation to non-concessional superannuation contributions, the... Read more continue reading

Govt policy changes get SMSF Association’s tick of approval

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The SMSF Association welcomes the Government’s proposed changes to their non-concessional contribution (NCC) lifetime cap policy, believing they represent very positive and sensible policy that will reduce administrative complexity and... Read more continue reading

IOOF: Dropping the retrospective super cap creates new opportunities for clients

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This change will also remove the contentious provisions that would look back and take into account contributions made since 2007. Neither the Coalition backbench nor the ALP Opposition were ever... Read more continue reading

Australian jobs down (a bit), but full time jobs up and unemployment down too

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Employment fell by 3,900 in August, which was well below market expectations for a 15,000 gain but did follow stronger than expected growth of 26,000 in July. Annual jobs growth... Read more continue reading

AFA and Zurich announce Adviser of the Year and Practice of the Year grand finalists

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The Association of Financial Advisers (AFA) and Zurich have announced the grand finalists in the prestigious 2016 AFA Adviser of the Year and Practice of the Year Awards (the Awards).... Read more continue reading

Equity Trustees appointed RE to newly established MHOR venture

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Equity Trustees has been appointed responsible entity (RE) to MHOR Asset Management, a new fund manager with ambitions to grow and ultimately list in Australia. “We’re pleased to be selected... Read more continue reading